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Variable Interest Entities - Assets and Liabilities of Consolidated VIEs (Details) - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Current assets        
Cash and cash equivalents $ 663 $ 587 $ 1,349 $ 898
Restricted cash 438 358 247 207
Accounts Receivable, net        
Customer 3,231 4,592    
Unamortized energy contract assets, current 38 47    
Mark-to-market derivative assets, current 644 679    
Inventories, net        
Materials and supplies 1,425 1,456    
Assets held for sale 958 0    
Other current assets 1,609 905    
Total current assets 12,562 12,037    
Property, plant and equipment, net 82,584 80,233    
Nuclear decommissioning trust funds 14,464 13,190    
Unamortized energy contract assets, noncurrent 294 336    
Other Assets, Noncurrent 2,982 3,197    
Total assets [1] 129,317 124,977    
Current liabilities        
Long-term debt due within one year 1,819 4,710    
Accounts payable 3,562 3,560    
Accrued expenses 2,078 1,981    
Market-to-market derivative liabilities, current 295 247    
Unamortized energy contract liabilities 100 132    
Liabilities held for sale 375 0    
Other current liabilities 1,264 1,331    
Total current liabilities 12,771 14,185    
Long-term debt 35,093 31,329    
Asset retirement obligations 12,300 10,846    
Liability, Defined Benefit Pension Plan, Noncurrent 4,503 4,247    
Unamortized energy contract liabilities 238 338    
Other deferred credits and other liabilities 2,942 3,064    
Total liabilities [1] 94,449 90,404    
Exelon Generation Co L L C [Member]        
Current assets        
Cash and cash equivalents 226 303 750 416
Restricted cash 89 146 153 138
Accounts Receivable, net        
Customer 1,298 2,893    
Unamortized energy contract assets, current 38 47    
Mark-to-market derivative assets, current 644 675    
Inventories, net        
Materials and supplies 978 1,026    
Assets held for sale 958 0    
Other current assets 1,357 605    
Total current assets 6,947 7,076    
Property, plant and equipment, net 22,214 24,193    
Nuclear decommissioning trust funds 14,464 13,190    
Unamortized energy contract assets, noncurrent 293 336    
Other Assets, Noncurrent 1,826 1,960    
Total assets [2] 48,094 48,995    
Current liabilities        
Long-term debt due within one year 197 2,624    
Accounts payable 1,253 1,692    
Accrued expenses 788 786    
Market-to-market derivative liabilities, current 262 215    
Unamortized energy contract liabilities 7 17    
Liabilities held for sale 375 0    
Other current liabilities 444 517    
Total current liabilities 5,219 7,289    
Long-term debt 5,566 4,464    
Asset retirement obligations 12,054 10,603    
Unamortized energy contract liabilities 3 11    
Other deferred credits and other liabilities 1,308 1,415    
Total liabilities [2] 33,418 33,165    
Pepco Holdings LLC [Member]        
Current assets        
Cash and cash equivalents 111 131 124 30
Restricted cash 39 36 43 42
Accounts Receivable, net        
Customer 525 479    
Inventories, net        
Materials and supplies 198 190    
Other current assets 45 49    
Total current assets 1,599 1,480    
Property, plant and equipment, net 15,377 14,296    
Other Assets, Noncurrent 307 323    
Total assets 23,736 22,719    
Current liabilities        
Long-term debt due within one year 347 103    
Accounts payable 539 462    
Accrued expenses 299 296    
Unamortized energy contract liabilities 92 115    
Other current liabilities 141 131    
Total current liabilities 2,154 1,612    
Long-term debt 6,659 6,460    
Asset retirement obligations 59 57    
Unamortized energy contract liabilities 235 327    
Other deferred credits and other liabilities 622 577    
Total liabilities [3] 13,692 13,111    
Atlantic City Electric Company [Member]        
Current assets        
Cash and cash equivalents 17 12 7 2
Restricted cash 3 2 $ 4 $ 6
Accounts Receivable, net        
Customer 124 108    
Inventories, net        
Other current assets 3 5    
Total current assets 326 270    
Property, plant and equipment, net 3,475 3,190    
Other Assets, Noncurrent 50 53    
Total assets [4] 4,286 3,933    
Current liabilities        
Long-term debt due within one year 261 20    
Accounts payable 177 144    
Accrued expenses 46 42    
Other current liabilities 11 9    
Total current liabilities 780 360    
Long-term debt 1,152 1,307    
Other deferred credits and other liabilities 48 39    
Total liabilities [4] 2,895 2,657    
Variable Interest Entity, Primary Beneficiary [Member]        
Current assets        
Cash and cash equivalents 98 163    
Restricted cash 47 88    
Accounts Receivable, net        
Customer 148 151    
Other 36 39    
Unamortized energy contract assets, current 22 23    
Inventories, net        
Materials and supplies 244 227    
Assets held for sale 101 0    
Other current assets 674 32    
Total current assets 1,370 723    
Property, plant and equipment, net 5,803 6,022    
Nuclear decommissioning trust funds 3,007 2,741    
Unamortized energy contract assets, noncurrent 249 250    
Other Assets, Noncurrent 52 89    
Total noncurrent assets 9,111 9,102    
Total assets 10,481 9,825    
Current liabilities        
Long-term debt due within one year 94 544    
Accounts payable 81 106    
Accrued expenses 70 70    
Unamortized energy contract liabilities 4 8    
Liabilities held for sale 16 0    
Other current liabilities 5 3    
Total current liabilities 270 731    
Long-term debt 889 527    
Asset retirement obligations 2,318 2,128    
Unamortized energy contract liabilities 0 1    
Other deferred credits and other liabilities 129 89    
Total noncurrent liabilities 3,336 2,745    
Total liabilities 3,606 3,476    
PP&E - unrestricted asset 1 20    
AHFS - unrestricted asset 9 0    
Variable Interest Entity, Primary Beneficiary [Member] | Recourse [Member]        
Current liabilities        
Total liabilities 8 3    
Variable Interest Entity, Primary Beneficiary [Member] | Exelon Generation Co L L C [Member]        
Current assets        
Cash and cash equivalents 98 163    
Restricted cash 44 85    
Accounts Receivable, net        
Customer 148 151    
Other 36 39    
Unamortized energy contract assets, current 22 23    
Inventories, net        
Materials and supplies 244 227    
Assets held for sale 101 0    
Other current assets 669 31    
Total current assets 1,362 719    
Property, plant and equipment, net 5,803 6,022    
Nuclear decommissioning trust funds 3,007 2,741    
Unamortized energy contract assets, noncurrent 249 250    
Other Assets, Noncurrent 42 73    
Total noncurrent assets 9,101 9,086    
Total assets 10,463 9,805    
Current liabilities        
Long-term debt due within one year 68 523    
Accounts payable 81 106    
Accrued expenses 70 70    
Unamortized energy contract liabilities 4 8    
Liabilities held for sale 16 0    
Other current liabilities 5 3    
Total current liabilities 244 710    
Long-term debt 889 504    
Asset retirement obligations 2,318 2,128    
Unamortized energy contract liabilities 0 1    
Other deferred credits and other liabilities 129 89    
Total noncurrent liabilities 3,336 2,722    
Total liabilities 3,580 3,432    
PP&E - unrestricted asset 1 20    
AHFS - unrestricted asset 9 0    
Variable Interest Entity, Primary Beneficiary [Member] | Exelon Generation Co L L C [Member] | Recourse [Member]        
Current liabilities        
Total liabilities 8 3    
Variable Interest Entity, Primary Beneficiary [Member] | Pepco Holdings LLC [Member]        
Current assets        
Cash and cash equivalents 0 0    
Restricted cash 3 3    
Accounts Receivable, net        
Customer 0 0    
Other 0 0    
Unamortized energy contract assets, current 0 0    
Inventories, net        
Materials and supplies 0 0    
Assets held for sale 0 0    
Other current assets 5 1    
Total current assets 8 4    
Property, plant and equipment, net 0 0    
Nuclear decommissioning trust funds 0 0    
Unamortized energy contract assets, noncurrent 0 0    
Other Assets, Noncurrent 10 16    
Total noncurrent assets 10 16    
Total assets 18 20    
Current liabilities        
Long-term debt due within one year 26 21    
Accounts payable 0 0    
Accrued expenses 0 0    
Unamortized energy contract liabilities 0 0    
Liabilities held for sale 0 0    
Other current liabilities 0 0    
Total current liabilities 26 21    
Long-term debt 0 23    
Asset retirement obligations 0 0    
Unamortized energy contract liabilities 0 0    
Other deferred credits and other liabilities 0 0    
Total noncurrent liabilities 0 23    
Total liabilities 26 44    
Variable Interest Entity, Primary Beneficiary [Member] | Atlantic City Electric Company [Member]        
Current assets        
Cash and cash equivalents 0 0    
Restricted cash 3 3    
Accounts Receivable, net        
Customer 0 0    
Other 0 0    
Unamortized energy contract assets, current 0 0    
Inventories, net        
Materials and supplies 0 0    
Assets held for sale 0 0    
Other current assets 0 0    
Total current assets 3 3    
Property, plant and equipment, net 0 0    
Nuclear decommissioning trust funds 0 0    
Unamortized energy contract assets, noncurrent 0 0    
Other Assets, Noncurrent 10 14    
Total noncurrent assets 10 14    
Total assets 13 17    
Current liabilities        
Long-term debt due within one year 21 20    
Accounts payable 0 0    
Accrued expenses 0 0    
Unamortized energy contract liabilities 0 0    
Liabilities held for sale 0 0    
Other current liabilities 0 0    
Total current liabilities 21 20    
Long-term debt 0 21    
Asset retirement obligations 0 0    
Unamortized energy contract liabilities 0 0    
Other deferred credits and other liabilities 0 0    
Total noncurrent liabilities 0 21    
Total liabilities $ 21 $ 41    
[1] Exelon’s consolidated assets include $10,200 million and $9,532 million at December 31, 2020 and 2019, respectively, of certain VIEs that can only be used to settle the liabilities of the VIE. Exelon’s consolidated liabilities include $3,598 million and $3,473 million at December 31, 2020 and 2019, respectively, of certain VIEs for which the VIE creditors do not have recourse to Exelon. See Note 23–Variable Interest Entities for additional information.
[2] Generation’s consolidated assets include $10,182 million and $9,512 million at December 31, 2020 and 2019, respectively, of certain VIEs that can only be used to settle the liabilities of the VIE. Generation’s consolidated liabilities include $3,572 million and $3,429 million at December 31, 2020 and 2019, respectively, of certain VIEs for which the VIE creditors do not have recourse to Generation. See Note 23–Variable Interest Entities for additional information.
[3] PHI’s consolidated total assets include $18 million and $20 million at December 31, 2020 and 2019, respectively, of PHI's consolidated VIE that can only be used to settle the liabilities of the VIE. PHI’s consolidated total liabilities include $26 million and $44 million at December 31, 2020 and 2019, respectively, of PHI's consolidated VIE for which the VIE creditors do not have recourse to PHI. See Note 23 - Variable Interest Entities for additional information.
[4] ACE’s consolidated assets include $13 million and $17 million at December 31, 2020 and 2019, respectively, of ACE’s consolidated VIE that can only be used to settle the liabilities of the VIE. ACE’s consolidated liabilities include $21 million and $41 million at December 31, 2020 and 2019, respectively, of ACE’s consolidated VIE for which the VIE creditors do not have recourse to ACE. See Note 23 - Variable Interest Entities for additional information.